Page 139 - Stock Market

IT, energy stocks boost Indian shares as global risk mood lightens

IT and energy firms drove Indian shares higher, tracking upbeat global risk sentiment in the absence of major domestic triggers

Sensex weathers highs and hiccups to deliver a blockbuster 2021

While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards

Omicron situation, global trends to guide equities this week: Analysts

"Markets will continue to see volatility and whipsaw-like movements as they respond to Omicron-related development and the monthly expiry," said Yesha Shah, Head of Equity Research, Samco Securities.

M-cap of five of top-10 valued companies soars more than Rs 1 trillion

While RIL, TCS, Infosys, HUL and Wipro were the gainers, HDFC Bank, ICICI Bank, HDFC, Bajaj Finance and SBI emerged as laggards

MFs add Rs 7 trn to kitty in 2021; Omicron possible red flag for 2022

Experts believe that the new year could be tricky depending on the Omicron situation and possible interest rate hikes

Food premix firm Hexagon Nutrition files for IPO to raise Rs 600 crore

The IPO will comprise a fresh issue of Rs 100 crore and an offer for sale worth Rs 500 crore.

Data Patterns shares make a strong debut, stock lists at 28% premium

The company had priced its IPO between Rs 555 and 585 a share

Ajanta Pharma gains 5% on share buyback plan, board to meet on Dec 28

The board of directors of the company is scheduled to consider a proposal for buy-back of equity shares on Tuesday, December 28.

Investors richer by over Rs 6.56 trillion in two days of market rally

Bajaj Finance was the biggest gainer among the 30-frontline companies pack, jumping 2.94%

2022 will be the year of consolidation for Indian equities: Raamdeo Agrawal

'Whenever the FPI mood alters, we will see both retail and institutional investors become buyers,' says Chairman, Motilal Oswal Financial Services

With more volatility likely, investors should stick to large-caps, BAFs

Market participants believe that concerns still linger in the markets and investors should continue to have higher weighting towards large-cap funds

Digital maps provider MapmyIndia hits $1.12 bn valuation in market debut

MapmyIndia, which powers Apple Inc's maps in the country, surged 54% in its market debut on Tuesday following a bumper initial public offering subscription last week

Volatility, further correction in markets cannot be ruled out: Analysts

Whether earnings growth sustains will be crucial to determining how Indian equity markets fare in the days to come

Shriram Properties makes a weak debut, shares list at 15% discount

The stock gained a bit after listing and ended the session at Rs 99.4 - a 15.7 per cent discount to its issue price

Majority of BSE 500 stocks trading below 200-day moving average

Broader markets witnessed sharper selling pressure, with Nifty Midcap and Smallcap down around 4 per cent each.

Investors poorer by over Rs 11.23 trn in 2 days of heavy market selloff

Investors became poorer by Rs 11,23,010.78 crore in two days as domestic equity market continued to face severe drubbing amid a global selloff

Foreign investors pull out Rs 17,696 cr from Indian markets in Dec so far

According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17.

M-cap of 8 of top-10 most valued companies erodes by over Rs 2.61 trn

In the top-10 list, Infosys and Wipro were the only gainers.

FIIs, global cues, Omicron trends will drive markets this week: Analysts

Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.

Global stocks fall on Omicron fears and after central banks' hawkish tilt

European stocks dropped, Asian shares closed near the year's lows and Wall Street looked set to open weaker after a bruising previous session that was led by sharp falls in tech stocks